CPEC: Pakistan ushers into new era of industrialization
BEIJING - Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar says eighth Joint Cooperation Committee has set new targets for Pak-China cooperation, leading CPEC towards becoming a true economic corridor with multiple doors.
He expressed these views at Beijing on Friday, after conclusion of the 8th JCC proceedings.
The Planning Minister said Pakistan and China have agreed to further strengthen the JCC mechanism through increased frequency of exchanges.
He said signing of memorandum of understanding on Industrial Cooperation would steer Pakistan into a new era of industrialization.
Bakhtyar said Pak-China cooperation in agriculture sector would focus on attracting investment in food production, processing, logistics, marketing and exports in joint ventures with Pakistani companies.
He vowed to promote development of hydel projects in Jhelum Cascade and Gilgit Baltistan.